Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Canada Goose Holdings Inc (NYSE: GOOS) closed the day trading at $11.24 up 0.36% from the previous closing price of $11.20. In other words, the price has increased by $0.36 from its previous closing price. On the day, 0.5 million shares were traded. GOOS stock price reached its highest trading level at $11.38 during the session, while it also had its lowest trading level at $11.035.
Ratios:
For a better understanding of GOOS, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 78.73. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.87. In the meantime, Its Debt-to-Equity ratio is 1.87 whereas as Long-Term Debt/Eq ratio is at 1.58.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Evercore ISI on November 07, 2023, initiated with a In-line rating and assigned the stock a target price of $11.
TD Cowen Downgraded its Outperform to Market Perform on October 19, 2023, whereas the target price for the stock was revised from $22 to $15.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GOOS now has a Market Capitalization of 1087180032 and an Enterprise Value of 1680658304. As of this moment, Canada’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.35, and their Forward P/E ratio for the next fiscal year is 14.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.12. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 3.67. Its current Enterprise Value per Revenue stands at 1.324 whereas that against EBITDA is 10.836.
Stock Price History:
The Beta on a monthly basis for GOOS is 1.47, which has changed by -0.3917749 over the last 52 weeks, in comparison to a change of 0.2160933 over the same period for the S&P500. Over the past 52 weeks, GOOS has reached a high of $22.65, while it has fallen to a 52-week low of $9.80. The 50-Day Moving Average of the stock is -9.48%, while the 200-Day Moving Average is calculated to be -16.25%.
Shares Statistics:
Over the past 3-months, GOOS traded about 1.27M shares per day on average, while over the past 10 days, GOOS traded about 587580 shares per day. A total of 53.18M shares are outstanding, with a floating share count of 49.99M. Insiders hold about 50.68% of the company’s shares, while institutions hold 48.70% stake in the company. Shares short for GOOS as of 1711584000 were 10973468 with a Short Ratio of 8.66, compared to 1709164800 on 12061762. Therefore, it implies a Short% of Shares Outstanding of 10973468 and a Short% of Float of 29.42.
Earnings Estimates
Investors are keenly observing as 9 analysts analyze and rate the current performance of Canada Goose Holdings Inc (GOOS) in the stock market.On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.09 and a low estimate of $0.01, while EPS last year was $0.11. The consensus estimate for the next quarter is -$0.62, with high estimates of -$0.49 and low estimates of -$0.74.
Analysts are recommending an EPS of between $0.67 and $0.59 for the fiscal current year, implying an average EPS of $0.63. EPS for the following year is $0.77, with 9 analysts recommending between $0.96 and $0.64.
Revenue Estimates
7 analysts predict $227.66M in revenue for the current quarter. It ranges from a high estimate of $231.23M to a low estimate of $224.77M. As of the current estimate, Canada Goose Holdings Inc’s year-ago sales were $221.66M, an estimated increase of 2.70% from the year-ago figure.
A total of 10 analysts have provided revenue estimates for GOOS’s current fiscal year. The highest revenue estimate was $946.52M, while the lowest revenue estimate was $932.52M, resulting in an average revenue estimate of $938.02M. In the same quarter a year ago, actual revenue was $920.05M, up 2.00% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.02B in the next fiscal year. The high estimate is $1.06B and the low estimate is $947.97M. The average revenue growth estimate for next year is up 8.30% from the average revenue estimate for this year.
